Each G-GBP represents 0.015 grams of 1 LBMA-certified ounce of gold, which is stored at our partner GVS Austria e.U. When you purchase a G-GBP, you therefore acquire a share of 1 ounce of gold in the amount of 0.015 grams.

This share is represented in the form of a G-GBP coin on our blockchain, the Gold Smart Chain. This coin is considered a certificate of ownership.

For every 2,074 G-GBP, you own 1 LBMA-certified ounce of gold.

You have absolute authority over how you manage your G-GBP on the Gold Smart Chain, and it is within your authority to transfer and use it for barter (e.g. for goods and services) if you wish.

You can return your G-GBP to us at any time and have the dealer purchase price of the gold paid out by us to an account specified by you. We guarantee to buy back your gold!

The G-GBP can be exchanged into any other currency on the Gold Smart Chain.